Exam (elaborations)
ECS3701 EXAM PACK 2024/2025
- Course
- Institution
ECS3701 EXAM PACK 2024/2025 QUESTIONS WITH DETAILED ANSWERS, COMPILED FROM RECENT PAST EXAM PAPERS. PEREFCT FOR EXAM PREPARATION.
[Show more]
Seller
Follow
mulah11
Reviews received
Content preview
, Page 2 of 79 ECS 370105/06 2024
UNIVERSITY EXAMINATIONS
May/Jun 2024
ECS3701
Monetary Economics
100 Marks
Duration: 2 Hours
First Examiner: Prof TLA Leshoro
Second Examiner: Ms T Molesane
External Examiner: Ms PA Mathebula
This paper consists of 10 pages, including this cover page and the invigilator
app page. There are 5 questions in this paper.
CONFIDENTIAL
Instructions:
(1) Once you have completed your answers submit them as a single document in PDF
format using the eAssessment tool on the myExams portal. It is preferable for
you to type your answers (Font: Arial 12) and then convert your document to PDF
format for submission. However, if this is not possible, you may also write your
answers down and scan them into a PDF file. Please write legibly.
(2) Start with a cover page stating the module code (ECS3701) and your student number.
(3) This should be followed by your answers to the questions.
(4) Make sure that each question and sub-questions are clearly numbered.
(5) While you are not required to cite your sources, this does not mean that you can
simply copy information from any source. You need to answer the questions in
your own words. Plagiarism will not be tolerated and may result in disciplinary
action if detected. Plagiarism will result in zero marks awarded.
(6) Please ensure that you submit a declaration of honesty on myUnisa.
(7) You will need your student number and password to access this platform.
(8) You need to accept the honour pledge because it is compulsory for every student
otherwise you will not be able to access the paper, let alone upload it. This information
will be used to report to the Student Disciplinary Committee should incidents of
plagiarism be suspected.
(9) Please preview and verify your document before you submit to ensure that it is free of
errors, it is readable, that your PDF document is NOT encrypted to a
“secured” mode and it is NOT password protected as these files cannot be
marked. Virus-infected files will also not be marked.
(10) You have 2 hours to complete this assessment.
(11) Late submissions will NOT be marked. Emailed scripts will NOT be marked.
(12) Once you have submitted on the dedicated platform, you will receive an on-screen
message of successful submission. Please keep this email safe as a proof of
your submission.
, Page 3 of 79 ECS 3701
05/06 2024
(13) If you insist on not being able to upload on the submission portal, you must contact the
number and email address provided in the QA documents posted on the
announcement on the module page and provide screenshots of the error
screens.
[TURN OVER]
ANSWER ALL FIVE QUESTIONS
Question 1 [25 marks]
1.1 There have been debates about how the government of South Africa can combat the
increasing inflation. While some economists are calling for the SARB to print more
money, others are against it.
, Page 4 of 79 ECS 3701
05/06 2024
As a third-year economics student, advise the government of South Africa on whether
to print more money or not. Highlight 3 implications and 3 advantages of the suggestion
given. [10]
1.2 Given the global increase in inflation resulting from the Russian invasion of Ukraine,
name and explain the three tools that the South African Reserve Bank (SARB) can use
to decrease inflation. [9]
1.3 Explain the monetary transmission mechanisms. Mention the most important and most
effective monetary transmission mechanisms. [6]
Question 2 [20 marks]
2.1 If you suspect that a company will go bankrupt next year, would you rather hold bonds
issued by the company or equities issued by the company? Why?
[4]
2.2 List the 4 important information found on a coupon bond. [4]
2.3 Differentiate between coupon bonds and zero-coupon bonds. [2]
2.4 Assuming you won R10 million in the Lotto jackpot, with a promise to make a payment
of R2 million per year for the next 5 years with an interest rate of 15%. Calculate the
amount that will be paid to you, after 1 year and the total amount after the 5 years and
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller mulah11. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $3.51. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
85443 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now